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Rodriguez Company pays $385.000 for real estate plus $20.405 in closing costs. The real estate consists of land appraised at $225.000; land improvements appraised at

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Rodriguez Company pays $385.000 for real estate plus $20.405 in closing costs. The real estate consists of land appraised at $225.000; land improvements appraised at $50.000: and a building appraised at $225.000

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